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Property profile & analytics
OFF-MARKET
Banks

220 State St Newcomerstown, OH 43832-1451

2,220 SF 0.71 ac lot Built 2002
Individually Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US66-2202639
Property summary
AI-generated overview

This exceptional 2,200 square foot mixed-use commercial property is ideally situated on East State Street in Newcomerstown, Ohio, a highly trafficked area ensuring excellent visibility and accessibility for any business. The single-story building offers a convenient and efficient layout, perfect for a variety of professional uses. The open floor plan provides exceptional flexibility, allowing for easy customization to suit the specific needs of a diverse range of tenants. Whether you envision a medical practice, a law firm, or another service-oriented business, this space offers the adaptability to thrive. Ample parking is a key feature, with 25 spaces available to accommodate staff and clients, a significant advantage in a high-traffic area. The property sits on a 0.71-acre lot, providing additional space and potential for future expansion or outdoor amenities. The asking price for this turnkey opportunity is $399,000. This property is not suitable for banks or financial institutions. Its prime location and versatile design make it an attractive investment for entrepreneurs seeking a thriving commercial space in a bustling community.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2002
Total area 2,220 SF
Lot 0.71 ac (30,797 SF)
APN 45-02115.001
UPID US66-2202639
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
CENTURY NATIONAL BANK
CENTURY NATIONAL BANK
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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